UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 116.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,500 shares of the company’s stock after acquiring an additional 24,500 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.08% of iShares U.S. Infrastructure ETF worth $2,137,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. Wharton Business Group LLC lifted its position in shares of iShares U.S. Infrastructure ETF by 37.5% during the third quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock valued at $70,540,000 after purchasing an additional 409,880 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of iShares U.S. Infrastructure ETF during the 2nd quarter worth approximately $12,791,000. Kestra Investment Management LLC bought a new position in shares of iShares U.S. Infrastructure ETF during the 2nd quarter worth approximately $11,516,000. LPL Financial LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 11.8% in the 3rd quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock worth $101,774,000 after buying an additional 227,962 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of iShares U.S. Infrastructure ETF by 3.1% in the second quarter. Envestnet Asset Management Inc. now owns 6,913,506 shares of the company’s stock valued at $291,197,000 after acquiring an additional 209,698 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Down 0.7 %

Shares of IFRA opened at $48.74 on Monday. The firm’s 50 day simple moving average is $48.97 and its 200 day simple moving average is $45.90. The stock has a market capitalization of $2.68 billion, a P/E ratio of 16.71 and a beta of 0.89.

iShares U.S. Infrastructure ETF Company Profile

The iShares U.S. Infrastructure ETF (IFRA) is an exchange-traded fund that is based on the NYSE FactSet U.S. Infrastructure index. The fund tracks an index of US-listed infrastructure companies that derive a significant portion of their revenue from within the US. IFRA was launched on Apr 3, 2018 and is managed by BlackRock.